A 11316

New York Assembly bill in Session 2025-2026.

Status: in_committee. Latest action: May 11, 2026.

Authorizes certain municipalities to impose a tax on certain high-value non-primary residences.

Bill ID NY-2025-2026-A-11316
Session 2025-2026
Status in_committee
Committee Ways And Means
Assembly in_committee 2026-05-11
Summary

Authorizes municipalities located outside the city of New York to impose a tax on high-value non-primary residences having a five-year average market value threshold as set by the municipality between 2.5 and 5 million dollars or more; provides for authorized rates of taxation, administration and enforcement, and revenue distribution.

Sponsor
Sarahana Shrestha
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-05-11 Introduced Bill introduced
2026-05-11 Status in_committee
2026-05-11 Latest Action In Assembly Committee
More Bills From This Sponsor
More Bills In This Topic
Related Topics
Same Topic Bills From Other States